Roman Abramovich Sued By Former Mentor For $5 Billion
It’s a war of the Russian oligarchs. Roman Abramovich is facing a $5 billion lawsuit, and worst of all, the lawsuit is being brought by his former mentor, Boris Berezovsky.
Berezovsky, a former oligarch who now lives in London, claims that Abramovich intimidated him into selling his large stake in the company at far less than it was worth. Berezovsky was a major force in Russia, but he fled, and lost a chunk of his wealth when he clashed with the government.
Berezovsky’s lawyer alleges that Abramovich had the choice ”to remain loyal to Mr. Berezovsky, his friend and mentor and the person to whom he owed his newly acquired great fortune, or instead, as we submit, to betray Mr. Berezovsky and to seek to profit from his difficulties,” according to The Wall Street Journal. They claim he chose the latter.
For that, Berezovsky’s seeking a $5 billion claim. On top of that, he’s also made another $565 million claim, saying Abramovich sold off his shares in a company without his permission.
Source: Mogulite
Like Haute Living New York? Join our Facebook page or follow us on Twitter @HauteLivingNY. Want Haute Living New York delivered to your inbox once a week? Sign up for our newsletter.
Like Haute Living Moscow? Join our Facebook page or follow us on Twitter @HauteLivingMag Want Haute Living Moscow delivered to your inbox once a week? Sign up for our newsletter.
Related Articles
Banyan Tree Higashiyama Kyoto: Kyoto’s Most Serene New Luxury Hotel
High above Kyoto’s historic Higashiyama district, surrounded by bamboo groves, ancient temples, and forested mountain slopes, stands one of Japan’s most captivating new luxury hotels. Opened on August 1, 2024, Banyan Tree Higashiyama Kyoto is the first Banyan Tree property in Japan and has quickly become one of the city’s most sought-after luxury retreats. Nestled […]
Cala Bennati Is Positioning Itself as the Defining Prosecco Brand for a New Generation of Celebrations
As National Prosecco Day arrives, Cala Bennati continues building momentum through luxury experiences, premium Italian winemaking, and lifestyle appeal.
Jon-Paul Wheatley’s “Badly Drawn Ball” Arrives Among Miami’s Most Luxurious Shopping
A soccer ball has taken over one of Miami’s most glamorous shopping destinations, and it might just be the most thoughtful one you’ve ever seen. Photo Credit: World Red Eye Bal Harbour Shops unveiled “12 Pentagons” on Wednesday evening, a multi-week immersive art installation by British multidisciplinary artist and football designer Jon-Paul Wheatley. The launch […]
Inside World Gin Week: The Global Celebration Bringing Gin Lovers Together Across Five Continents
World Gin Week 2026 brings together 36 bars across 10 countries for a global celebration of gin. Get all the details here.
The Hautest Summer Wedding Guest Dresses of the Season
Whether you’re attending a formal black tie wedding or looking for a beachy destination look, the best summer wedding guest dresses await.
The On x Loewe Collaboration Just Keeps Getting Better and Better
On and Loewe have been creating some of the hottest sneakers around town, and the latest installment of its ongoing collaboration is no different.
Latest Stories
Trending Articles
Related Articles
Banyan Tree Higashiyama Kyoto: Kyoto’s Most Serene New Luxury Hotel
High above Kyoto’s historic Higashiyama district, surrounded by bamboo groves, ancient temples, and forested mountain slopes, stands one of Japan’s most captivating new luxury hotels. Opened on August 1, 2024, Banyan Tree Higashiyama Kyoto is the first Banyan Tree property in Japan and has quickly become one of the city’s most sought-after luxury retreats. Nestled […]
Cala Bennati Is Positioning Itself as the Defining Prosecco Brand for a New Generation of Celebrations
As National Prosecco Day arrives, Cala Bennati continues building momentum through luxury experiences, premium Italian winemaking, and lifestyle appeal.
Jon-Paul Wheatley’s “Badly Drawn Ball” Arrives Among Miami’s Most Luxurious Shopping
A soccer ball has taken over one of Miami’s most glamorous shopping destinations, and it might just be the most thoughtful one you’ve ever seen. Photo Credit: World Red Eye Bal Harbour Shops unveiled “12 Pentagons” on Wednesday evening, a multi-week immersive art installation by British multidisciplinary artist and football designer Jon-Paul Wheatley. The launch […]
Inside World Gin Week: The Global Celebration Bringing Gin Lovers Together Across Five Continents
World Gin Week 2026 brings together 36 bars across 10 countries for a global celebration of gin. Get all the details here.
The Hautest Summer Wedding Guest Dresses of the Season
Whether you’re attending a formal black tie wedding or looking for a beachy destination look, the best summer wedding guest dresses await.
The On x Loewe Collaboration Just Keeps Getting Better and Better
On and Loewe have been creating some of the hottest sneakers around town, and the latest installment of its ongoing collaboration is no different.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events